Quest Patent Research's Competitiveness

The company competes in intellectual property acquisitions and licensing with both private and publicly traded entities involved in intellectual property monetization. Competitors include Acacia Research Corporation, Intellectual Ventures, Quarterhill Inc., MOSAID Technologies Inc., Network-1 Security Solutions, Interdigital, Inc., IPValue Management Inc., Pendrell Corporation, Inventergy Global, Inc., Netlist Inc., Parkervision Inc., Walker Innovation, Inc., Anjay Venture Partners, LLC, and Daedalus Group LLC. Many of these competitors have longer operating histories, greater financial resources, and larger personnel. The company also faces competition from venture capital firms, strategic corporate buyers, and industry leaders for intellectual property and technology acquisitions and licensing opportunities. The company recognizes that its weaker cash position, history of losses, low stock price, and lack of stock exchange listing may limit its negotiation capabilities. Additionally, competing companies may develop technologies that render the company's technologies obsolete or uneconomical.